Tag Archive for: foreclosure

Are You Eligible for a Mortgage Modification?

HAMP Calculator The HAMP, Home Affordable Modification Program, calculator was designed to determine a homeowner’s eligibility for a loan modification.   HAMP sets forth the process for borrowers who are in default, at risk of immediate default, or in foreclosure to modify their mortgage payment targeted at about 31 percent of their gross monthly income.   The […]

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Who should file Bankruptcy?

Five Reasons You Should File Bankruptcy Not everyone needs to file bankruptcy when they run into financial trouble, but there are five main instances in which bankruptcy is really your only viable option. Garnishment If you have received a notice that wages will be garnished from your paycheck or they have already been garnished from […]

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